Luxembourg - Insurance and financial services (% of service exports, BoP)

Insurance and financial services (% of service exports, BoP) in Luxembourg was 57.86 as of 2021. Its highest value over the past 22 years was 72.71 in 2007, while its lowest value was 54.97 in 2020.

Definition: Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1999 65.93
2000 69.72
2001 67.36
2002 65.85
2003 63.35
2004 63.46
2005 66.79
2006 71.03
2007 72.71
2008 68.50
2009 65.92
2010 67.00
2011 65.37
2012 63.98
2013 63.52
2014 63.25
2015 63.08
2016 60.97
2017 61.66
2018 59.67
2019 56.97
2020 54.97
2021 57.86

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments